Downtown Minneapolis - News & General Topics

[xandrex]

Locked - but can anyone confirm if this is the Steele Fitness?

IDS Center starts 2015 with new, renewed leases
The IDS Center in downtown Minneapolis will open both a fitness center and a conference center next month, tower representatives announced Thursday.

http://finance-commerce.com/2015/02/ids ... z3SEJLeuJc

Per a release I saw, it's a gym for the building - open to tenants only.

[TommyT]

Locked - but can anyone confirm if this is the Steele Fitness?

IDS Center starts 2015 with new, renewed leases
The IDS Center in downtown Minneapolis will open both a fitness center and a conference center next month, tower representatives announced Thursday.

http://finance-commerce.com/2015/02/ids ... z3SEJLeuJc

Per a release I saw, it's a gym for the building - open to tenants only.

Steele is in Capella Tower

[mattaudio]

One Steele leaves, another moves in....

[TommyT]

Steele was present at our bagel Friday event that we have every week for Capella and I took some information from them. The membership seems pretty reasonable at $40 a month which includes unlimited access to group fitness programming. It looks like their personal training is $99 a session, but they were giving out new client introductory BOGO specials which I'm sure if you mention you could get. Overall, the facility looks REALLY nice and has pretty high end amenities considering the prices of Lifetime.

[mattaudio]

Steele is a high-end amenity.

[twincitizen]

Ned Abdul / Swervo Properties has closed on the surface parking lot at 330 1st Ave N (Hennepin County map link: http://gis.hennepin.us/property/map/def ... 2924410098)

[mister.shoes]

O RLY? I've always hated that empty lot. Fill it in, I say!

[John]

O RLY? I've always hated that empty lot. Fill it in, I say!

Wow. Pretty impressive parcel to acquire given its location. Now that's a smart developer!

[Wedgeguy]

Ned Abdul / Swervo Properties has closed on the surface parking lot at 330 1st Ave N (Hennepin County map link: http://gis.hennepin.us/property/map/def ... 2924410098)

Is that the Fine Lines parking lot??

[TroyGBiv]

Yes it is the Fineline lot. Haven't heard anything about this...

[twincitizen]

Does Swervo do new construction? Have they previously partnered on a new development anywhere? We know they own, renovate, and operate older buildings, including a handful just a block from here. I hate to be overly pessimistic, but I suppose it's not out of the realm of possibility that Swervo bought this for parking, at least near-term anyways. I obviously hope they bought it for development, and the sooner that happens the better

[grant1simons2]

*locked* http://finance-commerce.com/2015/03/rya ... usy-block/

312 Third St. S. was bought by Ryan Co. for $4 million.

This is one more building off of my lists of "needs work"!

[acs]

Ryan was busy today:

http://www.bizjournals.com/twincities/b ... ed-on.html

Looks like the Radisson Red that was scrapped for the parking ramp project is being moved across Park Ave next to the Wells Fargo Towers. I didn't even know there was going to be room on that block for something once the towers were built out. Says it will likely be shorter than the 17 story office towers.

[web]

so Red is a step down from Blu......interesting color choices

[acs]

Does anyone know what's going on at 1101 Hennepin Ave? The former Waldorf Nevens cleaners? There's now a project sign op for a smaller company I don't recognize and there's definitely some work being done.

[Silophant]

Really? That must have gone up after I walked by this morning. I've been wondering what would happen to it, though my hopes tended more towards demolition and redevelopment without a parking lot facing Hennepin.

[acs]

I'll try and snap a pic if I can. It would be a great place for a skyway-connected residential tower.

[grant1simons2]

What was the name of the company?

[Silophant]

VSI Construction. The building permit in the window is for "Demolition to prepare for new restaurant".

Looks like it'll be a Pizza Hut. Interior demo only, the parking lot is staying. Better than an empty storefront, but I would like to have quick food options besides pizza near me.

[Nathan]

New affordable housing on the Huberts block.

http://www.startribune.com/local/minnea ... page=1&c=y